Authorized Option Shares definition

Authorized Option Shares means the sum of (a) the number of options granted under the Company Stock Option Plans which are outstanding as of June 15, 2001; (b) the number of shares of Company Common Stock remaining available for grant under the Company Stock Option Plans as of June 15, 2001; and (c) such number of additional shares of Company Common Stock (if any) that are made available for issuance under the 1995 Stock Option Plan on October 1, 2001 pursuant to Section 4.1 thereof if the Closing Date is after October 1, 2001.
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Examples of Authorized Option Shares in a sentence

  • The Stock Option Plan will provide that a number of shares of Holding Company Stock equal to 5% of the total number of shares of Holding Company Stock issued and outstanding immediately after the Initial Public Offering (the "Authorized Option Shares") shall be available to be issued pursuant to the Stock Option Plan.

  • The Plan Committee expects to make an initial grant of options, pursuant to and in accordance with the terms of the Stock Option Plan, to all eligible employees and officers of the Company and its affiliates to purchase an aggregate amount of shares up to an amount not to exceed 40% of the Authorized Option Shares, to be apportioned among employees and officers of the Company and its affiliates at the discretion of the Plan Committee.

Related to Authorized Option Shares

  • Unissued Option Shares means the number of Shares, at a particular time, which have been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance with the provisions of section 5, such adjustments to be cumulative.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Authorized shares means the shares of all classes a domestic or foreign corporation is authorized to issue.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Common Shares means the common shares in the capital of the Corporation;

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Option Units means the Common Units that the Partnership will agree to issue upon an exercise of the Over-Allotment Option.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Issued Shares means, collectively, all outstanding Shares issued pursuant to Restricted Stock Awards, all outstanding Shares issued pursuant to Unrestricted Stock Awards, and all Option Shares.

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2023-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2023-1 Vehicle for which the related 2023-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2023-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Reserved Shares means initially, [ ] Shares. The Reserved Shares may be increased or decreased in a Supplemental Confirmation.

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Incentive Shares means an award of shares granted pursuant to Section XIII.

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.